GRIMES & Co WEALTH MANAGEMENT LLC Buys 13,002 Shares of Walmart Inc. $WMT

GRIMES & Co WEALTH MANAGEMENT LLC raised its stake in Walmart Inc. (NASDAQ:WMT) by 63.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,336 shares of the retailer’s stock after acquiring an additional 13,002 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Walmart were worth $3,436,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of WMT. Brighton Jones LLC lifted its stake in shares of Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after acquiring an additional 21,939 shares during the period. Revolve Wealth Partners LLC raised its holdings in Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after purchasing an additional 485 shares during the last quarter. Peterson Wealth Management lifted its position in Walmart by 3.5% during the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after purchasing an additional 1,715 shares during the period. Apella Capital LLC boosted its stake in shares of Walmart by 5.8% in the 2nd quarter. Apella Capital LLC now owns 17,183 shares of the retailer’s stock valued at $1,707,000 after purchasing an additional 945 shares during the last quarter. Finally, Goldstone Financial Group LLC grew its position in shares of Walmart by 7.8% during the 2nd quarter. Goldstone Financial Group LLC now owns 6,150 shares of the retailer’s stock worth $605,000 after buying an additional 443 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $111.83, for a total value of $2,171,291.28. Following the sale, the chief executive officer directly owned 4,315,333 shares in the company, valued at $482,583,689.39. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,425 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $117.00, for a total value of $166,725.00. Following the transaction, the executive vice president directly owned 641,363 shares of the company’s stock, valued at $75,039,471. This represents a 0.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 124,078 shares of company stock valued at $13,523,502 over the last quarter. 0.10% of the stock is currently owned by corporate insiders.

Walmart Trading Up 2.0%

NASDAQ:WMT opened at $120.36 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The business’s 50-day simple moving average is $110.42 and its 200-day simple moving average is $104.13. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $120.51. The stock has a market capitalization of $959.29 billion, a PE ratio of 42.08, a price-to-earnings-growth ratio of 5.03 and a beta of 0.66.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same period in the prior year, the business earned $0.58 EPS. Walmart’s revenue for the quarter was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Nasdaq-100 inclusion should trigger index and ETF buying and has been cited as a primary reason for recent upside in WMT shares. Walmart Stock Gaining Steam Ahead of Debut on Nasdaq-100
• Positive Sentiment: Partnership with Google/Alphabet to integrate Walmart and Sam’s Club assortments into Gemini AI (agent‑led commerce) boosts WMT’s e‑commerce credibility and long‑term growth narrative. Walmart Stock Jumps on Google AI Partnership
• Positive Sentiment: Drone delivery expansion to ~150 locations accelerates last‑mile capabilities and shows execution on cost and service improvements that investors reward. Walmart Drone Delivery Service Surges
• Positive Sentiment: Unusually large call‑option activity and a disclosed insider buy (Shishir Mehrotra acquired about $93k of WMT) suggest speculative and insider confidence in near‑term upside. Shishir Mehrotra’s Recent Buy: Acquires $93K In Walmart Stock
• Neutral Sentiment: Positive media/analyst commentary (e.g., Jim Cramer) highlights management execution and merchandising improvements, supporting sentiment but not necessarily changing fundamentals. Jim Cramer on Walmart CEO
• Neutral Sentiment: Macro piece on rotation to value argues consumer staples (including Walmart) are beneficiaries of a shift away from high‑duration tech, which is supportive but depends on broader rate/Fed developments. Tech Wreck or Valuation Reset? Rotating to Value in 2026
• Negative Sentiment: Critical takes argue Walmart may be overvalued after the run and that some holders are trimming — investor caution on multiples could cap further gains. Walmart Is Overvalued – I’ve Just Sold My Shares
• Negative Sentiment: Forbes and other outlets highlight what could push WMT lower (macro risk, margin pressure, execution missteps); these reminders add caution for more risk‑averse investors. What Can Send Walmart Stock Price Down?

Analyst Ratings Changes

Several equities analysts recently weighed in on WMT shares. Mizuho set a $125.00 price objective on shares of Walmart and gave the company an “outperform” rating in a report on Monday, January 5th. BMO Capital Markets increased their price target on Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Robert W. Baird raised their price target on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. KeyCorp reiterated an “overweight” rating and issued a $128.00 price objective on shares of Walmart in a report on Wednesday, January 7th. Finally, Oppenheimer reissued an “outperform” rating and issued a $125.00 target price (up previously from $115.00) on shares of Walmart in a research note on Thursday, January 8th. Thirty-two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $122.60.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.